Passionate about our Community![]() Carluke Development Trust is a "not for profit" organisation. this does not mean that it shouldrun at a loss. In fact, it needs to generate surplus to allow it to expand or cover unforseen costs. These surpluses are empathectically not for private benefit. They can only be used to fund charitable work or build up reserves. Like most organisations of this kind, Carluke Development Trust is a company limited by guarantee. Members (Shareholders) get no financial benefit. If the fails their only liability is to contribute a maximum of £1 towards its debts. This limited liability is an important safeguard for people giving of their time voluntarily. The company constitution is its Memorandum and Articles of Association (M&A). The Trust is currently made up from individuals and organisations such as the Community Council,together with a representative from South Lanarkshire Council.The trust has a board of Directors, elected annually at the AGM, together with appointed Directors from key partner organisations.
![]() |
|

